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Home sales in Toronto fell 22 percent in January from a year earlier as rising interest rates and tighter mortgage rules weighed on demand, but prices have stabilized as stubborn sellers and tight supply kept the correction in check.

Nutrien Ltd, the Canadian fertilizer and farm supply dealer created from the merger of Agrium Inc and Potash Corp of Saskatchewan this year, said it expected demand growth for potash in China and India to cool down in 2018.